logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Rewa closes seed round, launches digital rent payment application

Rewa closes seed round, launches digital rent payment application

NOHA.GAD
Mar 2, 2026
Rewa announced the offciial launch of its rent payment and reward application in the UAE after closing a strategic seed round

Dubai - Sharikat Mubasher: The UAE-based property technology (proptech) startup, Rewa, officially launched its digital rent payment and reward application across the country, following the successful closure of its undisclosed seed funding round.

Rewa will use the new capital to expand across Dubai, with plans to scale across the wider UAE and into the GCC, the company announced in a statement today.

The funding will also help Rewa onboard landlords through the Rewa Alliance platform, which streamlines collections through automated tracking, digital receipts, and workflows aligned with UAE rental regulations.

The round was backed by Qatar Development Bank, Plug and Play, Neocity Invest, Startup Wise Guys, Second Century Ventures (REACH MENA), and senior executives from leading GCC real estate firms.

The Rewa application enables tenants to earn Rewa Points that can be redeemed with over 150 global and local partners across travel, retail, groceries, dining, and lifestyle. Points can also be applied toward future rent, utilities, or long-term housing goals with select UAE developers.

For landlords and property managers, Rewa streamlines rent collection through automated payment tracking, digital receipts, and workflows aligned with UAE rental practices, including DLD/Ejari-aligned processes and cheque-like safeguards.

“Rent is often the largest recurring expense in people’s lives, yet tenants in Dubai have historically received nothing in return and still pay rent through cheques. We have applied proven loyalty models from the airline and hotel industries to rent, creating a system that rewards tenants while improving cash flow and efficiency for landlords,” said Ramzi Mneimneh, Founder of Rewa.

Moreover, Rewa launched its landlord onboarding platform, Rewa Alliance, to empower all UAE landlords and property managers by reducing onboarding times and offering zero setup fees.

Tags

Rewa
proptech
rent payment
reward
Share

Attract clients with your ad

Start Now

Trending

Homegrown Ventures launches $22.8mn Fund to support local consumer brands
MUBASHER
Aya closes SAR 26 mn round led by RAED Ventures to fuel growth
MUBASHER.SA
Saudi Industry ecosystem participates in Hannover Messe 2026
MUBASHER.SA
NEOM Port launches multimodal corridor linking Europe to GCC
MUBASHER
PIF Board of Directors approves 2026-2030 strategy
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Apr 16, 2026
Saudi Industry ecosystem participates in Hannover Messe 2026
Read More
Private Equities News
Calendar Icon
Apr 16, 2026
NEOM Port launches multimodal corridor linking Europe to GCC
Read More
Private Equities News
Calendar Icon
Apr 16, 2026
PIF Board of Directors approves 2026-2030 strategy
Read More
Private Equities News
Calendar Icon
Apr 15, 2026
Report: Cyber risks outpace AI concerns for Middle East leaders
Read More
Private Equities News
Calendar Icon
Apr 15, 2026
Eli Lilly acquires CE-Ventures portfolio company CrossBridge Bio
Read More
Private Equities News
Calendar Icon
Apr 15, 2026
Adyen partners with Careem Pay to enhance digital remittances in UAE
Read More
Private Equities News
Calendar Icon
Apr 15, 2026
Saudi Arabia climbs to no.1 in Global Digital Readiness Ranking
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher